Clearwire courting AT&T and Verizon in bid to raise cash for 4G LTE network

By on September 23, 2011 at 7:30 PM.

Clearwire courting AT&T and Verizon in bid to raise cash for 4G LTE network

Clearwire is in discussions to sell sell some of its wireless network capacity to Verizon Wireless and AT&T, Bloomberg reported recently. “All those discussions are under way,” Clearwire CEO Erik Prusch told Bloomberg. “I’m confident we’ll bring in new wholesale partners. Our message to the industry is that we’ve got the capacity to handle their needs.” However, it is more likely Clearwire is approaching the carriers in an effort to raise cash for its 4G LTE network plans. On August 3rd, Clearwire announced its intentions to build out a nationwide 4G LTE network but said those plans were “subject to additional funding.” Clearwire needs $600 billion to build its 4G LTE network. “We want to be the Switzerland of mobile broadband,” Prusch said, noting that his company is talking to, and willing to work with, anyone who needs network capacity.” In mid-August reports surfaced that Sprint was in talks to buy Clearwire outright in order to build its own LTE network. We expect we could hear more on Sprint and its Clearwire plans during a “Strategy Update” event on October 7th in New York City, where BGR will be reporting live. More →

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AT&T CEO: T-Mobile acquisition will immediately improve reliability

By on March 30, 2011 at 5:52 PM.

AT&T CEO: T-Mobile acquisition will immediately improve reliability

AT&T was noticeably silent about its $39 billion acquisition of T-Mobile during the CTIA Wireless 2011 tradeshow last week, but on Wednesday the company’s CEO, Randall L. Stephenson, took some time to discuss potential public benefits of the purchase. Speaking at the Council on Foreign Relations, Stephenson argued that by purchasing T-Mobile, AT&T will increase capacity by 30% immediately while simultaneously increasing network reliability. AT&T predicts that network traffic could grow 5-8 times from where it is today over the next 5 years, and that kind of growth would require more spectrum capacity than is currently available. According to PCMag, Stephenson also said that the purchase would allow AT&T to cover 95% of the United States with a 4G network. When asked whether the purchase would create a AT&T/Verizon Wireless duopoly, Stephenson pointed to major markets where there are often five or more carriers to choose from, such as New York. That doesn’t include wholesale retailers such as Clearwire or LightSquared, both of which have signed on to sell Best Buy Connect branded 4G networks. Similarly, Stephenson stated that in Detroit, San Francisco, and in Miami, among other places, T-Mobile isn’t considered the No. 4 carrier. That kind of competition, Stephenson believes, will push prices down for consumers. Stephenson admitted that the acquisition could result in some job losses as the two companies integrate, but believes that the end result will be a “net job grower.” More →

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Sony PlayStation 3 Slim coming soon to Japan in white and with increased storage

By on July 6, 2010 at 10:48 AM.

Sony PlayStation 3 Slim coming soon to Japan in white and with increased storage

sony-ps3-slim-white

Sony is adding a bit of flair to its PS3 Slim by offering the gaming console in white and upping the console’s on-board storage. Launching in Japan on July 29th, the PS3 Slim will be available in both 160Gb and 320GB capacities — up from the previous 120GB and 250GB sizes. The console will also be offered in the traditional black and the new Classic White with matching white controller. Pricing is set in the Japanese Yen with the 160GB retailing for ¥29,980 (USD$340) and the 320GB version for ¥34,980 (USD$400). Thus far, the launch is limited to Japan; but, hopefully, we will see these models come stateside in time for the holiday shopping season. More →

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